Mongolia vs Tanzania: Lending interest rate
Mongolia
16.0%
in 2021
Tanzania
16.7%
in 2020
Mongolia rank
29th
Tanzania rank
26th
Lending interest rate over time
- Mongolia
- Tanzania
How they compare
Tanzania currently reports 16.7% against 16.0% in Mongolia, a difference of 0.7%.
Across all 23 years both countries report, Mongolia has been ahead every year.
Globally, Mongolia ranks 29th and Tanzania ranks 26th of 148 countries.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.